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The foliowing were solected from among the transactions completed by Haetison Company during Novembor of the current year: Nov, 3 Purchased merchandise on accouns from

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The foliowing were solected from among the transactions completed by Haetison Company during Novembor of the current year: Nov, 3 Purchased merchandise on accouns from Moonlight Co. Ist price $120,000, trade discount 25%, terms FOB destination, 210,N30. 4 Sold meechandise for cach, $53,500. The cost of the merchandise sold was $32,100. 5 Purchased merchandise on account trom Papoose Creek Co, 567,400 , terma FOB shipping point, 210, n30, with prepaid froigh of $1,150 added to the invoice. 6 Returned $19.800($25,600 ist price less trade discount of 25%) of mecchandise purchased on November 3 from Moonight Co. 8. Scld merchandise on aocount to Cuinn Co., $22,100 with terms n/15. The cost of the merchandse sold was $13,000. 13. Paid Moonight Co. on aocount for purchase of November 3, los refum of Nowember 6 . The folowing were selected from among the transactions compleved by Harrison Company during November of the curtent year: instructions Nov. 3 Purchased merchandise on account trom Moonight Co, list price $120,000, trade discount 25%, terms FOB destination, 210,n/30. 4 Sold merchandise for cash, $53,500. The cost of the merchandise sold was $32,100. 5 Purchased merchandise on account trom Papoose Creek Co. $67,400, terms FOB shipping point, 240,n/30, with prepald treight of 51,150 adsed to the invice. B) Returned $19,200 ( $25,600 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonight Co. B Sold mecchandise on account to Quinn Co,$22,100 with terms n/15. The cost of the merchandise sold was $13,000 13 Paid Mocright Co, on account for purchase of November 3, less retum of November 6

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